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Majles al-Aqd

Arabic (مجلس العقد) for contracting session or contract assembly or meeting or place. It is anywhere two parties or more…

    Bai’ Mu’ajjal

    An Arabic term (بيع مؤجل) that translates as sale on credit or credit sale. By definition, it is an Islamic...

      Sale on Credit

      A type of sale (ba'i/ bay') in which the delivery of the object of sale (a commodity) takes place at...